Payday Pundit » Greeley Tribune http://paydaypundit.org News and Information About The Payday Lending Industry Wed, 16 Jun 2010 11:24:02 +0000 http://wordpress.org/?v=2.9 en hourly 1 Denying choice to consumers in Colorado http://paydaypundit.org/2008/04/01/denying-choice-to-consumers-in-colorado/ http://paydaypundit.org/2008/04/01/denying-choice-to-consumers-in-colorado/#comments Tue, 01 Apr 2008 15:19:56 +0000 Payday Pundit http://paydaypundit.org/?p=97 The Tribune newspaper of Greeley, CO carries a guest piece today on payday lending legislation by Michael Hough, director of the Commerce, Insurance and Economic Development Task Force at the American Legislative Exchange Council.    Hough says:

“This misguided legislation assumes that the majority of Coloradans are unable to make appropriate financial decisions without the state intervening on their behalf with heavy-handed government regulations. Colorado lawmakers should reject this legislation because it will financially hurt the state’s residents and deprive them of the freedom to take out a payday loan if they so choose.”

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